Based on the given forecast data, government expenditure on fire-protection services in Italy is projected to experience incremental growth from €3.92 billion in 2024 to €4.15 billion in 2028. For reference, the expenditure stood at €3.86 billion in 2023. Year-on-year, the expenditure is expected to increase by approximately 1.5% from 2024 to 2025, by about 1.3% from 2025 to 2026, by around 1.5% from 2026 to 2027, and by roughly 1.5% from 2027 to 2028. The average annual growth rate (CAGR) over this five-year period is approximately 1.5%.
Future trends to watch for in the sector include potential shifts in government priorities due to climate change impacts, technological advancements, and possible policy changes affecting budget allocations for emergency services.
